Tyler Burmeister's questions to Vuzix (VUZI) leadership • Q2 2025
Question
Tyler Burmeister of Craig-Hallum Capital Group LLC inquired about the identity of the new Tier-1 OEM partner, the status and ramp timeline for the Quanta partnership, progress on defense OEM contracts, and the potential for further inventory reduction.
Answer
CEO Paul Travers clarified the initial Tier-1 OEM waveguide shipments are with a partner separate from Quanta, targeting industrial thermal vision, with a ramp expected through 2025 and into 2026. He noted the main Quanta ramp is now anticipated in 2026, while initial defense production orders are expected in the second half of 2025. Regarding inventory, both Travers and CFO Grant Russell explained the goal is to reduce it further, aided by the new LX1 supply chain model which involves purchasing finished goods from Quanta.